Objective

1

Scope

2-12

Embedded derivatives

7-9

Unbundling of deposit components

10-12

Recognition and measurement

13-35

Temporary exemption from some other IFRSs

3-20

Liability adequacy test

15-19

Impairment of reinsurance assets

20

Changes in accounting policies

21-30

Current market interest rates

24

Continuation of existing practices

25

Prudence

26

Future investment margins

27-29

Shadow accounting

30

Insurance contracts acquired in a business combination or portfolio transfer
 

31-33

Discretionary participation features

34-35

Discretionary participation features in insurance contracts

34

Discretionary participation features in financial instruments

35

Disclosure
 

36-39

Explanation of recognised amounts

36-37

Nature and extent of risks arising from insurance contracts

38-39A

Effective date and transition

40-45

Disclosure

42-44

Redesignation of financial assets

45

Appendix A (Defined terms)

A1

Appendix B (Definition of an insurance contract)

B1-B30